Sea Limited has announced about opening of its new global headquarters in Singapore, for the expansion of its digital financial services. The Singapore tech conglomerate, Sea Limited, has rebranded itself as Monee from SeaMoney.
The New headquarters will be located in Rochester Commons, built in 200,000 square feet, spanning about 10 floors.
Dr Tan See Lang, The minister for Manpower and second minister for Trade and Industry officiated the ceremony by highlighting the significance of Monee’s expansion and its role in the future of digital financial services.
Dr Tan stated “As Southeast Asia’s digital economy continues to grow, we remain committed to bettering the lives of consumers and small businesses through technology. Monee will continue to build a future where financial inclusion is a reality for all.”
The new headquarter will be completely dedicated for Monee’s digital financial services. This new building will be accommodating up to 1,500 employees. But the company has stated that the initial planning would be hiring up to 1,000 digital finance professionals.
The company has planned to increase its excellence in product management and artificial intelligence by implementing these two teams in the core of the new Monee’s center. The company will be increasing the developing capabilities against money-laundering, to safeguard the future of the financial sector.
Monee was launched in the year 2014. At present this company has grown to become one of southeast Asia’s largest digital financial platforms. Monee has diversified users from Brazil,Indonesia, Malaysia, Phillippines, Singapore, Taiwan and Thailand. The firm has been offering many services like mobile valet, credit, banking and insurance technology.
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